January 9, 2006
Spread Signal
Trade #37
GBP/USD
Long
Entry: 9379
Target: 9515
Stop: 9241
At 50% to TP (9448), we will move stop to +20 in the money
Potential: 138 pips
Reward/Risk: 1 to 1 initially
Success Rate: 83%
I saw this yesterday and was tempted to enter on or around Fridays closing price of 9298, however the signal was not complete and we needed an extra day for validation, unfortunately it moved up more than what I would have like to see. I still see the overall trend heading into the 9100's after this correction upward.
Northpro
Spread Signal
Trade #37
GBP/USD
Long
Entry: 9379
Target: 9515
Stop: 9241
At 50% to TP (9448), we will move stop to +20 in the money
Potential: 138 pips
Reward/Risk: 1 to 1 initially
Success Rate: 83%
I saw this yesterday and was tempted to enter on or around Fridays closing price of 9298, however the signal was not complete and we needed an extra day for validation, unfortunately it moved up more than what I would have like to see. I still see the overall trend heading into the 9100's after this correction upward.
Northpro